QBE Re has named Robert Turner (pictured above) to a newly created position as global head of structured reinsurance, marking a strategic organizational move as the global reinsurer expands its footprint in this sector.
Turner will assume the role after serving as global chief underwriting officer for structured risk solutions at AXA XL.
Turner brings more than three decades of underwriting and risk management experience to the position. His previous roles span organizations including AIG and JLT, adding breadth to his background in the reinsurance sector.
In the newly created position, Turner will be tasked with strengthening relationships among brokers and cedants while positioning QBE Re to address changing market demands and developing new risk transfer solutions.
The appointment reflects QBE Re's broader strategic reshaping this year. The reinsurer established a new leadership framework with the appointment of executive directors overseeing three regional markets – Europe, Middle East and Africa; International, including Lloyd's and Bermuda platforms; and North America – alongside three product lines.
Most recently, Chris Killourhy, who led QBE Re since 2022, was promoted to group chief financial officer in October.
Turner will report to Ashish Ahluwalia, global head of performance & portfolio analytics, with the timing of his appointment aligns with favorable market conditions.
Mid-2025 reinsurance market dynamics have shifted in favor of buyers, with increased demand for structured solutions including quota share arrangements, loss portfolio transfers, and adverse development covers as insurers seek capital and growth opportunities.
"Structured Reinsurance is a key targeted area of growth for QBE Re, as we look to meet a growing demand for structured solutions in the global reinsurance market." Ahluwalia said.
"We are pleased to have appointed someone with Robert's considerable experience in this new role as we look to expand into this space, leveraging QBE Re's market leading underwriting and analytics capabilities, as well as QBE Group's balance sheet strength,” Ahluwalia said.